Forexpros – Corn futures slumped to a one-week low on Thursday, as favorable weather in the U.S. eased concerns over deteriorating crop conditions, while worries over a slowdown in Chinese demand also weighed. On the Chicago...
Read MoreForexpros – Economic sentiment in Switzerland dropped significantly in July, plunging by 34.6 points to the lowest level since January 2009, data showed on Thursday.In a report, the Centre for European Economic Research (ZEW)...
Read MoreForexpros – The euro erased gains against the pound on Thursday, pulling away from a one-week high after preliminary data showed that the euro zone’s economy slowed sharply in July.EUR/GBP pulled away from 0.8830, the pair’s...
Read MoreForexpros – European stock markets were broadly lower on Thursday, as investors awaited the outcome of a summit meeting of European leaders later in the day, while shares in Ericsson tumbled after reporting weaker-than-expected...
Read MoreForexpros – Retail sales in the U.K. rose slightly more-than-expected in June, official data showed on Thursday.In a report, the U.K. Office for National Statistics said retail sales rose by 0.7% in June, above expectations for...
Read MoreForexpros – The U.S. dollar was mixed against its major counterparts on Thursday, after France and Germany announced that they had reached a joint deal on a strategy for dealing with Greece’s debt crisis.During European morning...
Read MoreForexpros – Crude oil futures were down for a second day on Thursday, after data showed that manufacturing activity in China fell to a 28-month low in July, raising concerns over a slowdown in demand from the world’s second...
Read MoreForexpros – The pound erased losses against the U.S. dollar on Wednesday, clawing back up from a daily low after the minutes of the Bank of England’s July policy setting meeting were slightly less dovish than expected.GBP/USD...
Read MoreForexpros – The euro extended gains against the U.S. dollar on Wednesday, rising to a four-day high, but further gains were limited as investors remained cautious ahead of an emergency summit of euro zone leaders on...
Read MoreForexpros – The U.S. dollar slipped to a daily low against the Swiss franc on Wednesday, as concerns over sovereign debt loads in the euro zone and the U.S. bolstered demand for the safe haven franc.USD/CHF hit 0.8316 during...
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